# PPP loan: TRIPLE RING TECHNOLOGIES, INC.
> **$2.53M** approved 04/15/2020 · Paid in Full · Loan `1384277204`
## Borrower
- **Name:** TRIPLE RING TECHNOLOGIES, INC.
- **Address:** 39655 Eureka Dr, Newark, CA, 94560
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.53M
- **Initial approval:** $2.53M
- **Forgiven:** $2.57M (102%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.26M
- **Mortgage interest:** $220K
- **Utilities:** $45K
- **Jobs reported:** 96
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*